(B) ExceptionsSubparagraph (A) shall not apply to any property described in section 168(g)(4).(2) Property used for lodging No credit shall be determined under this subpart with respect to any property which is used predominantly to furnish lodging or in connection with the furnishing of lodging.

Be that as it may, Judge Miller ruled that even if Smith wasn't delivering breakfast to guests, "The elements of a bed and breakfast statute were met: [Smith], while present, used her primary residence to provide lodging for less than 30 days to paying guests.

Questions:What useful tips have you learned through home construction, in any location?Did you construct to build and hold, or sell off for profit?If you built to sell right away, did you have an architect design the ...

Just to put in prospective, a prime luxury flag in mid town NYC won't be underwritten to 90% occupancy.

The locals IMO, will not be chasing a luxury unit for long term - - they're struggling with cash flow and keeping jobs too.If  your unit is on the beach, facing the sunset, I would think your market would be high-end, short to medium length business or vacationers. 

.- Currently working as a  Manager in Megaworld Corporation(Bonifacio Global City)- I chose this industry to help every filipino to choose the right investment for them- Offer a luxury living experience

When it first opened ~10 years ago it was a luxury student apartment rental with mostly 3 and 4 BR floor plans. 

TL;DR: I would prefer to house hack what Ben would call a luxury house hack, but instead of being the family, I'd like to rent out the family part and live in the small unit.

A lot of BP members will show their gross income without deducting fees for AirBnB, lodging taxes, credit card fees, furnishing the unit, utilities, landscaping, etc.

Look up the concept of Luxury House hacking , you'd have to see if it can work in L.A , I think with Airbnb it could be possibly to supplement the mortgage pretty significantly to where you would be paying less than you would to rent..but would have to run the numbers.https://www.biggerpockets.com/renewsblog/luxury-ho...I saw there is a mortgage called a HomeReady mortgage that allows you to use 'boarder' income to qualify for loan too..but you'd have to look into it more.